Great investment opportunity on this fully leased building in a CE zoned area. The second level boasts a spacious apartment perfect for a potential live-work situation. This great location has a lot of redevelopment potential as well given the flexible and high density CE zoning. Potential to build up to 45 feet tall (buyer to do due diligence).
Active
$599,000
5816 SE Foster Rd, Portland, OR 97206
2beds
3,002sqft
Est.:
Multi Family
Built in 1904
-- sqft lot
$-- Zestimate®
$200/sqft
$-- HOA
What's special
- 340 days
- on Zillow |
- 100 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: April 21, 2025 at 09:30am
Listed by:
Alexandru Ianos 503-961-4529,
Ianos Realty
Source: RMLS (OR),MLS#: 24229941

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air 90
Cooling
- Central Air
Appliances
- Included: Electric Water Heater
Interior area
- Total structure area: 3,002
- Total interior livable area: 3,002 sqft
Property
Parking
- Total spaces: 4
- Parking features: Off Street
Features
- Stories: 2
Lot
- Size: 5,227.2 Square Feet
- Features: SqFt 5000 to 6999
Details
- Parcel number: R224555
- Zoning: CE
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Cement Siding
- Foundation: Slab
- Roof: Flat
Condition
- Approximately
- Year built: 1904
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Portland
Financial & listing details
- Price per square foot: $200/sqft
- Annual tax amount: $3,828
- Date on market: 5/21/2024
- Listing terms: Cash,Contract,Conventional,Lease Option,Owner Will Carry,Trade
- Total actual rent: 4000
- Road surface type: Paved
- Loading
- Loading